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The Financial Express

Search results for: bangladesh

Banks’ interest rate spread falling

Banks’ interest rate spread falling

Siddique Islam 2018-01-15 10:38:49

A declining trend of interest rate spread in the country's banking sector continued until November, as the commercial banks slashed their interest rates more on lending than on deposits, officials sai...

Record number of workers went abroad in 2017 

Record number of workers went abroad in 2017 

-- 2018-01-15 10:27:10

A record number of 1.01 million workers went abroad in 2017, which is roughly 0.25 million more than that of the previous year. Expatriates' Welfare and Overseas Employment Minister Nurul Islam infor...

DSEX dips below 6,100-mark on bearish trend

DSEX dips below 6,100-mark on bearish trend

FE Online Report 2018-01-15 03:31:22

Stocks witnessed yet another bearish session on Monday, extending the losing streak for the two consecutive sessions, as risk-averse investors continued their selling spree. Market operators said the...

DSE rearranges DSEX, DS30

DSE rearranges DSEX, DS30

FE Online Report 2018-01-14 12:21:06

  Dhaka Stock Exchange (DSE) has rearranged its broad index and blue chip index with effect from January 21 as part of its annual and semi-annual rebalancing of the indices. In accordance with...

Stocks mostly down in early trading

Stocks mostly down in early trading

FE Online Report 2018-01-14 12:00:00

Shares on both bourses witnessed a downward trend in early trading Sunday amid low trading activities as cautious investors are on a sector-wise large-cap stock selling binge. Following the previous...

Depreciation of taka benefits Bangladeshis in Qatar

Depreciation of taka benefits Bangladeshis in Qatar

FE Online Desk 2018-01-14 12:00:00

Bangladeshis, among all the expatriates in Qatar, benefitted most by currency fluctuation last year. Bangladeshi taka depreciated by around 5.0 per cent in 2017, giving the community of expatriates e...

BD worst among SA countries in production readiness index

BD worst among SA countries in production readiness index

Nashir Uddin with SM Nazmus Sakib 2018-01-14 12:00:00

Bangladesh has been positioned as the poorest performer among its South Asian neighbours in a latest worldwide ranking. The Switzerland-based World Economic Forum (WEF) has published the evaluation t...

NBR yet to realise Tk 218b VAT, SD arrears from Petrobangla

NBR yet to realise Tk 218b VAT, SD arrears from Petrobangla

FE Report 2018-01-14 11:10:12

No visible progress has yet been made despite the government's efforts to realise Tk 218 billion in arrears from Petrobangla. Over last several months, National Board of Revenue (NBR) was trying to...

Companies to disclose reasons for partial distribution or non-distribution of profit

Companies to disclose reasons for partial distribution or non-distribution of profit

Mohammad Mufazzal 2018-01-14 10:21:34

Listed companies will have to disclose the reasons for partial distribution or non-distribution of profit to the shareholders as dividend to make shareholders informed about the companies' financing p...

Finance minister disproves CPD statement terming it ‘rubbish’

Finance minister disproves CPD statement terming it ‘rubbish’

-- 2018-01-14 08:00:36

Finance Minister Abul Maal Abdul Muhith came down heavily on Centre for Policy Dialogue (CPD) saying it never recognised the country's achievements. On Sunday, he also labelled the local think-tank&r...

‘Low’ vegetable output yet to meet consumer requirements

‘Low’ vegetable output yet to meet consumer requirements

-- 2018-01-14 07:30:27

The vegetable varieties grown on less than one-tenth (9.38 pc) of the country's total cultivable lands can cater to one-third (32 pc) of the consumers’ daily requirements. The information was r...

Rising cotton import likely conduit for money laundering

Rising cotton import likely conduit for money laundering

FE Report 2018-01-14 05:53:49

A policy think-tank sees surging cotton import into Bangladesh as "suspicious" as it may be a means of siphoning off money. The Centre for Policy Dialogue (CPD) came up Saturday with such scepticism...

337.2m euro deals with Germany for energy, climate

337.2m euro deals with Germany for energy, climate

-- 2018-01-14 04:52:10

Bangladesh and Germany have signed three bilateral agreements for implementing projects in different sectors, including energy and climate. The agreements, worth 337.20 million euro, were signed tod...

Stocks tumble amid sluggish turnover

Stocks tumble amid sluggish turnover

FE Online Report 2018-01-14 03:00:44

Stocks plummeted Sunday with sluggish trading activities as investors were in the selling mood throughout the session, fearing a further fall. Market operators said the market plunged as investors mo...

Stocks slump as bank shares tumble

Stocks slump as bank shares tumble

Babul Barman 2018-01-13 12:00:00

Stocks witnessed a big fall last week that ended Thursday with sluggish trading activities as selling mood gripped the investors throughout the week. Market operators said the market plunged as inves...

Power sector seeks Tk 46.18b more

Power sector seeks Tk 46.18b more

FHM Humayan Kabir 2018-01-13 12:00:00

Power sector has sought Tk 46.18 billion more in the revised annual development budget (RADP) as some ongoing projects on electricity generation, transmission and distribution need money beyond the al...

Forex flies out as MNCs get insured abroad illicitly

Forex flies out as MNCs get insured abroad illicitly

Jasim Uddin Haroon and Syful Islam 2018-01-13 12:00:00

Many of the multinational companies (MNCs) in Bangladesh allegedly get underwritten the risk coverage of their assets from abroad on double deception: revenue evasion and foreign-exchange siphoning....

CPD labels 2017 as year of banking fraud

CPD labels 2017 as year of banking fraud

-- 2018-01-13 12:00:00

Country’s leading think-tank Centre for Policy Dialogue (CPD) has highlighted the year 2017 as year of banking scam. CPD’s distinguished fellow Debapriya Bhattacharya said, "The year 2017...

FDI slightly up in Jan-Sept

FDI slightly up in Jan-Sept

FE Online Report 2018-01-13 10:40:52

Net inflow of Foreign Direct Investment (FDI) increased marginally in the first nine months of 2017, according to the latest statistics of the central bank. It showed that net inflow of FDI stood at...

S Alam Cold Steels approves 10 per cent dividend

S Alam Cold Steels approves 10 per cent dividend

Our Correspondent 2018-01-13 10:37:41

S Alam Cold Rolled Steels Limited has approved 10 per cent dividend for the shareholders for the year that ended on June 30, 2017. The approval came from the 17th Annual General Meeting (AGM) of the...

Growing consumer class claims substantial loans

Growing consumer class claims substantial loans

Siddique Islam 2018-01-13 09:35:08

Consumer-credit flow grows stronger, indicating rise of the consumer class in Bangladesh, outweighing central bank's diligent drive to divert loans to productive sectors. Increasing numbers of people...

China to invest $5.0b in BD economic zone

China to invest $5.0b in BD economic zone

Doulot Akter Mala 2018-01-12 12:00:00

A Chinese company has moved fast to invest US$ 5.0 billion in a special economic zone of Bangladesh for establishing industries that include a massive 2640-megawatt power plant. Officials said Bangla...

AFC allocates 18.1pc fund to BD market

AFC allocates 18.1pc fund to BD market

FE Online Report 2018-01-12 12:00:00

Asia Frontier Capital (AFC) allocated 18.1 per cent of its total allocated Asia Frontier Fund to the capital market of Bangladesh by the end of 2017. The largest asset allocation of the fund went to...

Trade deficit doubles in July-November

Trade deficit doubles in July-November

 Siddique Islam 2018-01-12 11:16:33

The country's overall trade deficit nearly doubled in the first five months of this fiscal year (FY), 2017-18, following higher import payments against lower export receipts, officials said. The defi...

10 companies grab 33pc turnover on DSE

10 companies grab 33pc turnover on DSE

FE Report 2018-01-12 11:02:18

The top 10 traded companies accounted for 33 per cent of the total turnover on the Dhaka Stock Exchange (DSE) on Thursday, with Square Pharmaceuticals making its way to the top of the gainers' chart....

Stocks continue slide

Stocks continue slide

FE Online Desk 2018-01-11 12:00:00

Bangladesh stock markets fell in early trade on Thursday extending the losing streak for six consecutive sessions, as investors remained on the selling spree. The Dhaka Stock Exchange (DSE) and the...

Development fair on stock mkt begins today

Development fair on stock mkt begins today

FE Report 2018-01-11 11:11:11

The stakeholders of the capital market will observe the government's development fair 2018 to uphold the reforms done in the capital market. The country wide development fair will be observed during...

'Z' category issues dominate gainers’ chart again

'Z' category issues dominate gainers’ chart again

FE Report 2018-01-11 10:38:47

Junk shares have been dominating the gainers chart of the premier bourse amid continuous correction witnessed by blue chip shares in recent time. Some 'Z' category companies recently informed that th...

Revenue collection misses mark

Revenue collection misses mark

FE Report 2018-01-11 10:09:41

Finance Minister AMA Muhith said the state of revenue collection during the past July-November period was not up to the mark. He is, however, upbeat about a change in the situation. "The collection...

DSE rebound, CSE end mixed

DSE rebound, CSE end mixed

FE Online Report 2018-01-11 03:39:10

The Dhaka Stocks Exchange (DSE) returned to the green zone on Thursday, breaking the five-day losing streak, but the turnover remained lower, while the port city bourse ended in mixed trend. The DSE...